Denmark Stands out Among the Top 10 Largest Shipowning Nations

2016.02.11

Denmark is not only in the top 10 of shipowning countries, it is also the only country in the world to increase the value of its merchant fleet over the last 12 months.

While all other leading shipowning countries have experienced reduced value of their national fleet - e.g. the UK is down 19% and Norway 17% from over the last year - Denmark has increased the value with an impressive 18 % to nearly $23bn. This gives Denmark a 9th position worldwide.

Changing Danish governments have pursued a far-sighted policy of continuously improving the sector’s business conditions, which has paved the way for one of the world’s most powerful maritime industry ecosystems.

The data illustrating the world’s top 10 shipowning nations was released by VesselsValue.com and illustrates that Denmark is an interesting and growing market for companies in the maritime industry.

Maritime Advisor at Invest in Denmark, Jørn Bang Andersen, explains:

“In a global low growth economy with over-capacity in nearly every industry the Danish shipping industry continues to grow and show great resilience. Denmark’s shipping industry is dynamic and transports approximately 10 % of the entire world’s trade. Combined with the International Ship Register and the attractive tonnage tax system, Denmark presents the perfect platform for doing business both for ship owners and suppliers to the industry”.

About Cookies

Information about cookies

A cookie is a small text file, which is placed on your computer or other devices.
It makes it possible for us to recognize your computer and gather information about
which pages and functions are visited with your computer. Cookies contain only anonymous
information.

Cookies are used by most websites and are in many cases essential for the website
to work properly.

Cookies on this website

We use cookies on this website for various purposes related to functionality, web
analysis and marketing. We use cookies primarily to gather statistics about the
users’ visits. The information gathered is used to improve the user experience on
our website.

You can read more about the cookies we use under the three tabs. The cookies are
divided into categories and you will find information about their name, expiration,
purpose and company.

No to cookies

If you wish to decline the use of cookies now or in the future, you can change the
permission in your browser settings. You block for the use of cookies from this
and other websites by adding the domain under settings in your browser.

What happens if I say no to cookies?

If you choose to decline cookies in your browser, your device will not be tracked
when you browse the internet. However, please note that by declining cookies you
will automatically also not allow a lot of functionality on various websites and
they may not work correctly.